Market Activity

Feather meal prices took a sharp nosedive, with sellers struggling to move their production. Export business remains strong, but limitations on demand and logistics have completely bifurcated that market from what interior buyers are willing to pay. Blenders in particular are pushing hard for lower prices and getting their way on price. 

Ruminant MBM prices were largely unchanged today, but porcine MBM prices did move lower. Kills remain strong in both…